What are advantages disadvantages?

I know this is a open ended qn but - uncoventional advice always strikes me , in one of the podcasts you mentioned doing a gut rehab ( or rehab with extensive scope ) might be better than a lipstick rehab .Many of the investors I spoke with suggested to start slow , but in my personal life and professional life , i had success taking up complicated projects so on any project i tend to ask , why should I start slowSome of the advantages of complex rehabs ( gut/extensive rehabs ):- lesser competition- better room for negotiation- higher value rehab , so better contractors might be interested- Ability to add more value- Opportunity to learn more ( I am not experienced )Disadvantages :- More risk of finding things one after another which are interlinked. - No DIY possibility and aso need skilled contractorsAdvanatges of lipstick rehabs :- Easier to see the scope - DIY possible- Less risk as its more cosmeticDisadvantages of lipstick rehabs :- Lots of competition and some times from retail buyers as they just see the price difference and think they are getting a deal and that they could work on it over the weekends- major value add might not be possible .

what is the advantage and disadvantage of metal roof in Ohio?

What Are the Disadvantages of Obtaining a Real Estate License?

You're also at a little bit of a disadvantage with the over/under duplex.

Crown Point, IN here...There are advantages and disadvantages like any area.

Each market has it's advantages and disadvantages and some of those are beyond the cash flow.

@Kalen AdamsonYou could research the advantages and disadvantages of an ABLF or SBL?   

BRRRR didn't work for me in Indiana - ARV not high enough, renovation costs over budget and I'm at a huge disadvantage being 2000 miles away.The people I've seen do this in recent years are high earning tech workers in CA making $200,000+ for a single person or $400,000+ married couple and they were able to scale pretty quickly from 2015 to the present and leave their W2 jobs. 

Quote from @Bradley Buxton: @Justin GoodinThere are advantages and disadvantages to both which is why institutional investors are also buying single-family homes.